Twitter Job Posting Hints at IPO

Twitter’s posting for a “financial reporting manager” appeared to confirm an IPO is on the company’s mind.

Yasuyoshi Chiba/Agence France-Presse/Getty Images

Twitter executives have said they don’t spend much time thinking about taking the company public. But there’s a new sign an IPO is on their minds.

A job posting surfaced Tuesday stating that Twitter is seeking to hire a person who can prepare documents for an initial public offering. Publications including USA Today and Mediabistro reported the LinkedIn posting, which said required duties for the job include preparing financial statements and “Form S-1 when we are ready to go public.”

Form S-1 is the type of regulatory document for companies in the process of selling stock to the public.

Spokesmen for Twitter didn’t immediately respond to a request for comment.

The full LinkedIn posting was subsequently removed, but Digits snagged a screen shot indicating that the company had advertised for a “financial reporting manager.”

Publicly, Twitter executives insist their minds are focused on other things than IPOs (CEO Dick Costolo, for example, made the point at the All Things D conference in late May). But company officials have been prepping internally for the possibility of an IPO for months, people familiar with the matter have said.

In May, Twitter said it hired a Morgan Stanley investment banker as head of corporate development, a move that set tongues wagging anew about a Twitter IPO. The company in December also moved one of its most important executives, Ali Rowghani, to a newly created post of chief operating officer.

Rowghani, a former Pixar and Disney executive, is expected to play a key role in a Twitter IPO.